Press Release
SOURCE: Unreliable News.com
EXSO to Offer Internet Entertainment
Mospill,AL., Dec. 10 Newswire/ -- Consolidated Eco Systems,Inc. (AL) (OTCBB:EXSO) today announced it has created a new division, to be called ''Exsonet.com,'' that will be responsible for an Internet commerce web site the Company began developing more than a year ago or at least soon. The unit will also develop other new internet-related businesses, building on the extensive experience the company has gained developing commercial web sites for other customers and as an Internet Services Provider (ISP).
Exsonet.com's new commerce web site, which it expects to be operational in 1999, will provide information and entertainment via the Internet. The Company's Internet development staff will provide resources for both internal and joint-venture web commerce projects in the future, using the Company's experienced team of web site developers and software engineers.
An unidentitified Company representative positively reports, ''Our extensive experience and expertise in the Internet positions us to take advantage of new opportunities in the rapidly growing area of Internet commerce. We think we have exciting prospects in some new and uncrowded areas. Our commerce business model will give us a solid foundation in the Internet entertainment industry based on currently available technology. We think it positions Exsonet.com to also take advantage of new technology to deliver entertainment on demand over the Internet as bandwidth becomes available.''
''Our business is evolving rapidly. And since the Internet commerce portion of our business is changing the most rapidly, we believe it is time to separate the functions to concentrate our experience and efforts where they have the most potential,'' continued Parsons. ''The business models of today must be quickly melded with tomorrow's technology, and we have a dedicated, experienced team of professionals that can do that.''
Consolidated Eco Systems Exsonet.com division will offer videos, video games and other entertainment as well as various healthcare lotions, creams, oils and tars through its Internet commerce site and will develop new Internet-related business opportunities.
Except for historical information, the matters discussed in this news release are forward-looking statements that are subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected. Risks and uncertainties include price competition, unpredictability of future revenues, the Company's ability to operate profitably in the future, the ability of the Company to acquire financing if and as needed, the Company's ability to continue to develop and implement its Internet commerce business and its limited operating history as an Internet commerce company. These factors are not intended to represent a complete list of all risks and uncertainties inherent in the Company's business, and should be read in conjunction with the more detailed cautionary statements included elsewhere in the Company's filings. |
